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Ex-Billionaire Ambani Pleads Poverty in Chinese Loan Fight

  • Anil Ambani says he has no ‘meaningful assets’ to liquidate
  • Judge orders Ambani to pay $100 million as a court deposit
Anil Ambani

Anil Ambani

Photographer: Qilai Shen/Bloomberg

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The brother of Asia’s richest man was ordered to set aside $100 million in his dispute with three Chinese banks, even as he pleaded poverty.